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Updated over 1 year ago on . Most recent reply

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Marco Solis
  • Member since Jul 22, 2017
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Marco Solis's profile image
Marco Solis's profile image
Marco Solis
  • Member since Jul 22, 2017
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Marco Solis
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1
Posts
Starting Out

HELOC VS Cash Out Refinance

Marco Solis
Posted

I am new to the real estate investing field and am seeking advise between choosing a HELOC/Cash Out refinance loan for funding.

My primary home is paid off and valued at approximately 600k. I am looking to get a loan for funding to cover the 20% and closing costs of a rental property that I am in the market for. My budget on the rental property is 350k. 

Any advise on choosing between a HELOC/Cash out refinance?

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